AIThe Next Webabout 2 hours ago
Europe earnings boom driven by energy, not AI
1 min read
European companies are heading into their strongest quarterly earnings season in more than three years, with STOXX 600 constituents forecast to grow second-quarter profits by 15.3% year on year. Strip out energy and the number collapses to 6%. The equivalent ex-energy figure for the S&P 500 is 19.6%.
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